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Schedule of Value of Business Acquired (Details) - USD ($) | 12 Months Ended
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Dec. 31, 2022 | Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |  |  |
Balance at beginning of year |  | $ 8,421,432 | $ 8,955,249
Value of business acquired |  | 2,136,085 | 586,840
Imputed interest at 7% included in earnings | [1] | 642,919 | 613,028
Amortization included in earnings | [1] | (1,907,250) | (1,728,157)
Shadow amortization included in other comprehensive income |  | 510,550 | (5,528)
Net amortization |  | (753,781) | (1,120,657)
Balance at end of year |  | $ 9,803,736 | $ 8,421,432
[1] | Included in Amortization of deferred policy and pre-need acquistion costs and value of business acquired on the consolidated statements of earnings

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- Definition Represents the monetary amount of Imputed interest on value of business acquired, during the indicated time period. + References No definition available. + Details
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- Definition Value of business acquired net amortization charged to income. + References No definition available. + Details
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- Definition The adjustment that represents the periodic charge against earnings to reduce the value of business acquired (VOBA) over the expected life of the underlying insurance contracts. VOBA reflects the estimated fair value of a life insurance business in force and represents the portion of the cost to acquire the business that is allocated to the value of the right to receive future cash flows from insurance contracts existing at the date of acquisition. Such value is the present value of the actuarially determined projected cash flows for the acquired policies. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section S99 -Paragraph 2 -Subparagraph (2) -URI https://asc.fasb.org/extlink&oid=122135039&loc=d3e569990-122904 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 + Details
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- Definition Amount of adjustment to reflect the effect that would have been recognized had the unrealized holding gain (loss) actually been realized on the present value of future insurance profits being amortized using the gross profit method and the present value of future profits recognized as a result of a purchase of an insurance entity holding long-duration contracts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section S99 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=123602591&loc=d3e88052-122713 + Details
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- Definition Amount of addition for present value of future profits of insurance contract acquired in business combination. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section S99 -Paragraph 2 -Subparagraph (2) -URI https://asc.fasb.org/extlink&oid=122135039&loc=d3e569990-122904 + Details
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- Definition Amount, after accumulated amortization, of present value of future profits of insurance contract acquired in business combination. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 20 -Section S99 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=122135039&loc=d3e569990-122904 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.10) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 + Details
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